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145-22736 Mexican Food Restaurant

Houston, TX, USA
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Businesses For Sale | Mexican Restaurants For Sale

Listing ID : 426471

Posted on January 5, 2024 View Count 4

Price :
$550,000
Business Financials & Assets :
Gross Revenue:
$1,114,543
Cash Flow:
$168,022
Year Established:
2011
Inventory Included:
Yes
Estimated Value of Inventory:
$5,972
Furniture, Fixtures & Equipment (FF&E) Included:
Yes
Estimated Value of FF&E:
$56,302
Property Details :
Business Details :
Number of Employees:
11
Absentee Owner:
No
Business is an Existing Franchise:
Yes
Real Estate:
Leased
Rent:
$3,275
Lease Expiration:
01/2026
Building Size:
2,825 Sq. Ft.
Facility & Tenant Improvements:
This is a leased location of 2,825 square feet with a Total monthly rent of $8,240. Lease ends (01/2026). Seller is active with 11 employees. Hours of operation are 8am-9pm. $5,972 in inventory and $56,302 in FF&E included in the asking price. $40,707 made in leasehold improvements. Other Assets include 83,602. GREASE TRAP AND PERMITS WITH CITY OF HOUSTON license required.
Terms :
Support & Training Offered:
3 Weeks
Reason for Selling:
OWNER WANTS TO FOCUS TIME AND ENERGY ON DEVELOPING NEW BUSINESS
Equipment Specifications :
Company Overview :
Franchise Overview :
Description :

This is a fantastic opportunity for an entrepreneur with experience in the food industry, to own a very well known Mexican Restaurant in the Central Houston area with unlimited potential. The brand is very well positioned among the Mexican and Hispanic community in Houston. This is an authentic gem, it is a franchise with extremely low royalties and great margins. Revenues keep increasing year over year. Although the current owner is semi-absentee, an active hands-on new owner would be a great fit for this opportunity. The current owners are selling as they want to focus their attention on other businesses. Training will be provided.

For more information on this exciting business opportunity please contact Roger Aguilar roger.aguilar@fcbb.com (919) 651-8353. 

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